Tag archive for ‘McKesson Corporation’
Clive Minchom On Friday, January 24th, 2014

McKesson Corporation Crosses 75% Threshold To Buy Celesio With Convertible Bonds From Paul Singer’s Elliott Management In $8.3 Billion Deal Value

– Last night North American health care distributor the Mckesson Corporation announced it had now agreed to purchase enough shares to reach its desired threshold to acquire a minimum of 75% of the shares More...

Clive Minchom On Wednesday, January 15th, 2014

McKesson $8.2 Billion Bid For Celesio Canceled As Fails To Reach 75% Threshold Despite Paul Singer Dropping Objections

–  Paul Singer/ Getty – US pharmaceutical distributor the McKesson Corporation has been bidding to buy the German company Celesio in a US$8.2 billion transaction, including debt assumed. Last More...

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Clive Minchom On Monday, January 13th, 2014

Paul Singer’s Elliott Management Throws In The Towel Over $8 Billion Takeover Of Celesio By McKesson

– Paul Singer / Getty – In November, Jewish Business News reported that Paul Singer’s Elliott Management was trying to block the takeover of German pharmaceuticals distributor Celesio by American More...

Clive Minchom On Wednesday, December 11th, 2013

Paul Singer Seeks To Block McKesson Corp’s $8 Billion Bid For Drug Distributor Celesio

– Paul Singer / Getty Paul Singer and his hedge fund Elliiott Management seem to get under a lot of people’s skin these days, especially whenever they are out vacuuming up opportunities to find More...

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